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The Zimbabwe Energy Regulatory Authority (ZERA) has announced new fuel prices effective May 7, 2025, which will remain in place until June 4, 2025. The regulatory authority has indicated that the maximum prices for Diesel 50 will be priced at ZWG 40.79 per litre up from ZWG10.65 last month while prices in USD remain unchanged […]
The Reserve Bank of Zimbabwe (RBZ) has clarified its stance following a report in The Herald alleging that the central bank would take action against businesses hoarding cash in deposit boxes. In a statement, the RBZ referenced its 6 February Monetary Policy Statement, which stressed the need for proper banking practices while cautioning against the […]
The Zimbabwe Congress of Trade Unions (ZCTU) has called on employers to establish a minimum wage in United States Dollars (USD) to protect vulnerable workers. This appeal comes in response to the Reserve Bank of Zimbabwe’s (RBZ) recent devaluation of the Zimbabwean Gold (ZiG) currency, which has significantly impacted workers’ salaries. In a statement, ZCTU […]
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